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OpenStudy (tylermckinney16):
If the dealership paid $28,450 for a car and they wanted to get 5% over their cost, how much would they need to sell the car for?
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OpenStudy (tylermckinney16):
@tigerlover
OpenStudy (misty1212):
HI!!
OpenStudy (rolldextro):
That would be 28450*1.05=29872.5
OpenStudy (misty1212):
to increase a number by \(5\%\) multiply it by \(100\%+5\%=105\%=1.05\) so do \[28.450\times 1.05\]
tigerlover (tigerlover):
Nice guys!
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OpenStudy (misty1212):
yeah, what you said
OpenStudy (tylermckinney16):
29.8725?
OpenStudy (sammypenguin):
Yup, that's what you do to find a percentage! For any % add 100 and turn it into a decimal.
OpenStudy (rolldextro):
Yes
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